Fill and Sign the Notice of Default Letter Mortgage Form

Notice of Intent to Foreclose (Mortgage Loan Default) YOU ARE RECEIVING THIS NOTICE BECAUSE YOU ARE CURRENTLY IN DEFAULT ON YOUR MORTGAGE LOAN. IF YOU DO NOT PAY WHAT IS OWED OR OTHERWISE CURE THIS DEFAULT, WE MAY SELL YOUR PROPERTY AT A FORECLOSURE SALE. PLEASE READ THIS NOTICE CAREFULLY. Date of Notice: ____________________________________________________ Address of Property Subject to This Notice: ________________________________________ ___________________________________________________________________________ Name of Borrower(s): _________________________________________________________ ___________________________________________________________________________ Mailing Address of Borrower(s): _________________________________________________ ___________________________________________________________________________ Name of Record Owner (if different from Borrower(s): ________________________________ ___________________________________________________________________________ Mailing Address of Record Owner (if different from Borrower(s): ________________________ ___________________________________________________________________________ Mortgage Loan Number: ____________________________________________________ Lien Position (Indicate whether first or subordinate lien): ______________________________ Date Most Recent Loan Payment Received: ________________________________________ Period to Which Most Recent Mortgage Loan Payment Was Applied: ____________________ Date of Default: ____________________________________________________ Total Amount Required to Cure Default: ___________________________________ (The person sending this notice may include a per-diem amount by which the amount required to cure the default continues to accrue, or any other formulation that takes into account such future increases.) ____________________________________________________________________________ ____________________________________________________________________________ ____________________________________________________________________________. Name of Secured Party: ____________________________________________________ Telephone Number of Secured Party: _______________________________________ [If the secured party is a trust, real estate mortgage investment conduit (REMIC), or the like, the secured party may insert the telephone number of its authorized loan servicer.] ____________________________________________________________________________ ____________________________________________________________________________ ____________________________________________________________________________. Name of Loan Servicer (if different from Secured Party): _______________________________ Telephone Number of Loan Servicer (if applicable): __________________________________ (Note type of default by inserting one or both of the following two default statements): ____________________________________________________________________________ ____________________________________________________________________________ ____________________________________________________________________________. [ ] Your mortgage loan payment is currently ______ (insert number of days payment past due) past due and is in default. [ ] Your mortgage loan is in default because _____________________________________ (insert type of default other than a past-due payment.) Please contact _____________________________ (insert name of an agent or employee of the secured party authorized to modify the terms of the mortgage loan. The agent or employee may be an individual or a team or group of individuals) at _______________ (insert the telephone number of the agent or employee) immediately upon your receipt of this Notice . You may avoid foreclosure by doing the following: (Insert the action required to cure the default and the date by which the action is required. Such an action, by way of example but not limitation, may be paying the amount of the loan in arrears plus any fees, penalties, or costs. A listing of the amount due to cure the default may include a per- diem amount by which the amount required to cure the default continues to accrue, or any other formulation that takes into account such future increases.) _______________ ____________________________________________________________________________ ____________________________________________________________________________ ___________________________________________________________________________. If you are unable to pay the total amount required to cure the default, which includes the amount in arrears plus any fees, penalties, or costs, or are otherwise unable to cure the default, please contact us immediately to discuss loan repayment options or other possible options to cure the default. See below. To obtain the exact amount needed to bring your loan current and cure this default or to discuss a workout, please call us at (insert toll-free telephone number for loss mitigation) _______ ________________ . Send your full payment to us at the following address: (Insert name and address of contact person designated to receive payments.) ________________________ ____________________________________________________________________________. IMPORTANT NOTE: If you do not bring your loan current and cure your default or negotiate a resolution with us, we may file a foreclosure action upon the later of ____ days after this Notice is sent and _____ days from the default date. Once a foreclosure action is filed, you could lose your home. Name of Mortgage Lender (if applicable): __________________________________________ Mortgage Lender License Number (if applicable): _____________________________________ Name of Mortgage Originator (if applicable): ________________________________________ Mortgage Originator License Number (if applicable): _________________________________ For purposes of the notice set forth herein,, the names and license numbers of mortgage lender licensees and mortgage originator licensees are required to be included in the notice only if this information is included on or recorded with the security instrument securing the mortgage loan related to the notice, or is otherwise known to the person sending the notice. If the basis for the authority to foreclose on the residential property is a homeowners' association lien, condominium association lien, mechanic's lien, or similar statutory or contractual lien, or a basis other than a mortgage loan default, a notice of intent to foreclose in substantially the following form shall be used to comply with the notice of intent to foreclose requirements set forth in _____________________________ (cite appropriate state statute) .